High-yield refurbishment in walking distance to Aberdeen city centre.
- One-bedroom top-floor Victorian flat with period features
A compact top-floor Victorian flat in Aberdeen city centre, this one-bedroom property is marketed as a clear investor project. The building retains period character—high ceilings, dormer windows and original mouldings—that will appeal to tenants seeking characterful, affordable city living. Current measurements give a total of about 35.13m2 (378 sqft), so expect accommodation to suit single tenants or sharers rather than families.
The property is being sold at auction and needs full renovation throughout. An investor prepared to upgrade fixtures, finishes and services could let quickly to students or city workers from a location within walking distance of Union Street and local amenities. Broadband speeds and mobile signal are reported as good, supporting attractiveness to modern renters. The listing suggests achievable rent of about £500 pcm, producing a very high quoted yield (around 24%) based on the purchase price provided.
Important drawbacks are clear and material: the flat requires renovation throughout, the overall size is small, and tenure is unspecified. The surrounding area is described as very deprived, which can affect tenant profiles, voids and management requirements. Selling at auction means purchase terms and timescales are different from a standard private sale, and buyers should carry out full surveys and legal checks before bidding.
This is a straightforward buy-to-let/refurbishment opportunity for a hands-on investor seeking high headline returns and willing to manage refurbishment, marketing and potentially higher turnover. If you value period features and proximity to student and commuter rental markets, this could be a high-return addition to a portfolio, provided you budget realistically for works and factor in local market risks.
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